KTOS long at 32.69 after hoursNot many charts that look like this out there these days that are far enough away from earnings to keep me from breaking out in hives.
This one is a little dangerous, given the lack of nearby support after that upward burst, so I'll be holding my breath just a bit. I do think the long term uptrend continues, though. I don't see Trump cutting the defense budget any time soon (that's what every other aspect of gov't and the public good is for, apparently), and probably this area would be last if he did, so that makes it a little bit safer in my opinion.
Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
